QE beyond a point distorts markets and incentives that a well oiled financial system requires to function with integrity. Now the global economy needs filling up private demand slack by Fiscal spending.
The age of deflation can only be tackled by Govt investment in infrastructure globally filling the slack(collapse) in private sector demand.
DISCLAIMER
Views expressed are personal and do not reflect those of the organization he is/was employed/associated with in the past or present
Friday, 10 July 2015
Avoiding Chinese Collapse and a Simultaneous JPY carry trade Unwind
No comments:
Post a Comment